Zoran shells out $5 million for stake in Hong Kong box builder with Chinese connections

Posted: 10.07.02

Zoran has taken a stake in DVN a Hong Kong firm that builds set-top boxes for the China Cable TV market. ZVN says they’re happy with the deal because a relationship with Zoran will enable them to build set-top boxes at competitive prices. Zoran, of course, is very interested in the DVD as the heart of the home entertainment system. They can learn a lot from DVM even as this furthers Zoran’s reach into the Chinese market.